Book picks similar to
The Downfall of Money: Germany’s Hyperinflation and the Destruction of the Middle Class by Frederick Taylor
history
economics
germany
non-fiction
Hitler: Ascent 1889-1939
Volker Ullrich - 2013
For all the literature about Adolf Hitler there have been just four seminal biographies; this is the fifth, a landmark work that sheds important new light on Hitler himself. Drawing on previously unseen papers and a wealth of recent scholarly research, Volker Ullrich reveals the man behind the public persona, from Hitler's childhood to his failures as a young man in Vienna to his experiences during the First World War to his rise as a far-right party leader. Ullrich deftly captures Hitler's intelligence, instinctive grasp of politics, and gift for oratory as well as his megalomania, deep insecurity, and repulsive worldview. Many previous biographies have focused on the larger social conditions that explain the rise of the Third Reich. Ullrich gives us a comprehensive portrait of a postwar Germany humiliated by defeat, wracked by political crisis, and starved by an economic depression, but his real gift is to show vividly how Hitler used his ruthlessness and political talent to shape the Nazi party and lead it to power. For decades the world has tried to grasp how Hitler was possible. By focusing on the man at the center of it all, on how he experienced his world, formed his political beliefs, and wielded power, this riveting biography brings us closer than ever to the answer. Translated from the German by Jefferson Chase.
The Undercover Economist
Tim Harford - 2005
The Undercover Economist is for anyone who's wondered why the gap between rich and poor nations is so great, or why they can't seem to find a decent second-hand car, or how to outwit Starbucks. This book offers the hidden story behind these and other questions, as economist Tim Harford ranges from Africa, Asia, Europe, and of course the United States to reveal how supermarkets, airlines, and coffee chains--to name just a few--are vacuuming money from our wallets. Harford punctures the myths surrounding some of today's biggest controversies, including the high cost of health-care; he reveals why certain environmental laws can put a smile on a landlord's face; and he explains why some industries can have high profits for innocent reasons, while in other industries something sinister is going on. Covering an array of economic concepts including scarce resources, market power, efficiency, price gouging, market failure, inside information, and game theory, Harford sheds light on how these forces shape our day-to-day lives, often without our knowing it. Showing us the world through the eyes of an economist, Tim Harford reveals that everyday events are intricate games of negotiations, contests of strength, and battles of wits. Written with a light touch and sly wit, The Undercover Economist turns "the dismal science" into a true delight.
Lawrence in Arabia: War, Deceit, Imperial Folly, and the Making of the Modern Middle East
Scott Anderson - 2013
Lawrence, “a sideshow of a sideshow.” Amidst the slaughter in European trenches, the Western combatants paid scant attention to the Middle Eastern theater. As a result, the conflict was shaped to a remarkable degree by a small handful of adventurers and low-level officers far removed from the corridors of power. Curt Prüfer was an effete academic attached to the German embassy in Cairo, whose clandestine role was to foment Islamic jihad against British rule. Aaron Aaronsohn was a renowned agronomist and committed Zionist who gained the trust of the Ottoman governor of Syria. William Yale was the fallen scion of the American aristocracy, who traveled the Ottoman Empire on behalf of Standard Oil, dissembling to the Turks in order gain valuable oil concessions. At the center of it all was Lawrence. In early 1914 he was an archaeologist excavating ruins in the sands of Syria; by 1917 he was the most romantic figure of World War One, battling both the enemy and his own government to bring about the vision he had for the Arab people. The intertwined paths of these four men – the schemes they put in place, the battles they fought, the betrayals they endured and committed – mirror the grandeur, intrigue and tragedy of the war in the desert. Prüfer became Germany’s grand spymaster in the Middle East. Aaronsohn constructed an elaborate Jewish spy-ring in Palestine, only to have the anti-Semitic and bureaucratically-inept British first ignore and then misuse his organization, at tragic personal cost. Yale would become the only American intelligence agent in the entire Middle East – while still secretly on the payroll of Standard Oil. And the enigmatic Lawrence rode into legend at the head of an Arab army, even as he waged secret war against his own nation’s imperial ambitions. Based on years of intensive primary document research, LAWRENCE IN ARABIA definitively overturns received wisdom on how the modern Middle East was formed. Sweeping in its action, keen in its portraiture, acid in its condemnation of the destruction wrought by European colonial plots, this is a book that brilliantly captures the way in which the folly of the past creates the anguish of the present.
Lords of Finance: The Bankers Who Broke the World
Liaquat Ahamed - 2009
In fact, as Liaquat Ahamed reveals, it was the decisions taken by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War II and reverberated for decades. In Lords of Finance, we meet the neurotic and enigmatic Montagu Norman of the Bank of England, the xenophobic and suspicious Émile Moreau of the Banque de France, the arrogant yet brilliant Hjalmar Schacht of the Reichsbank, and Benjamin Strong of the Federal Reserve Bank of New York, whose façade of energy and drive masked a deeply wounded and overburdened man. After the First World War, these central bankers attempted to reconstruct the world of international finance. Despite their differences, they were united by a common fear—that the greatest threat to capitalism was inflation— and by a common vision that the solution was to turn back the clock and return the world to the gold standard. For a brief period in the mid-1920s they appeared to have succeeded. The world’s currencies were stabilized and capital began flowing freely across the globe. But beneath the veneer of boom-town prosperity, cracks started to appear in the financial system. The gold standard that all had believed would provide an umbrella of stability proved to be a straitjacket, and the world economy began that terrible downward spiral known as the Great Depression. As yet another period of economic turmoil makes headlines today, the Great Depression and the year 1929 remain the benchmark for true financial mayhem. Offering a new understanding of the global nature of financial crises, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, of their fallibility, and of the terrible human consequences that can result when they are wrong.
Hanns and Rudolf: The True Story of the German Jew Who Tracked Down and Caught the Kommandant of Auschwitz
Thomas Harding - 2013
In the aftermath of the Second Word War, the first British War Crimes Investigation Team is assembled to hunt down the senior Nazi officials responsible for the greatest atrocities the world has ever seen. One of the lead investigators is Lieutenant Hanns Alexander, a German Jew who is now serving in the British Army. Rudolf Höss is his most elusive target. As Kommandant of Auschwitz, Höss not only oversaw the murder of more than one million men, women, and children; he was the man who perfected Hitler’s program of mass extermination. Höss is on the run across a continent in ruins, the one man whose testimony can ensure justice at Nuremberg. Hanns and Rudolf reveals for the very first time the full, exhilarating account of Höss’s capture, an encounter with repercussions that echo to this day. Moving from the Middle Eastern campaigns of the First World War to bohemian Berlin in the 1920s to the horror of the concentration camps and the trials in Belsen and Nuremberg, it tells the story of two German men- one Jewish, one Catholic- whose lives diverged, and intersected, in an astonishing way.
Fracture: Life and Culture in the West, 1918-1938
Philipp Blom - 2014
In "Fracture: Life and Culture in the West, 1918-1938", critically acclaimed historian Philipp Blom argues that, amid this uncertainty, Europeans and Americans directed their energies inwards toward aesthetic and intellectual self-discovery. Europe produced strange new brands of art, science, and spirituality—such as Surrealism and Art Deco—while flocking to exciting but dangerous new ideologies including communism and fascism. In America, the Harlem Renaissance marked the flourishing of black culture, and flappers sparked new thinking about the place of women in society. Yet undercurrents of racial and class conflict were pronounced, fueled by immigration quotas and the poverty of the Dust Bowl."Fracture: Life and Culture in the West, 1918-1938" is a sweeping evocation of the tumultuous interwar period, and the sublime cultural movements and terrifying ideologies it spawned.
Churchill: Walking with Destiny
Andrew Roberts - 2018
But how did young Winston become Churchill? What gave him the strength to take on the superior force of Nazi Germany when bombs rained on London and so many others had caved? In The Storm of War, Andrew Roberts gave us a tantalizing glimpse of Churchill the war leader. Now, at last, we have the full and definitive biography, as personally revealing as it is compulsively readable, about one of the great leaders of all time.Roberts was granted exclusive access to extensive new material: the transcripts of war cabinet meetings - the equivalent of the Nixon and JFK tapes - diaries, letters, unpublished memoirs, and detailed notes taken by the king after their bi-weekly meetings. Having read every one of Churchill's letters, including deeply personal ones that Churchill's son Randolph had previously chosen to withhold, and spoken to more than one hundred people who knew or worked with him, Roberts identifies the hidden forces fueling Churchill's drive. Churchill put his faith in the British Empire and fought as hard to preserve it as he did to defend London. Having started his career in India and South Africa, he understood better than most idealists how hard it can be to pacify reluctant people far from home.We think of Churchill as a hero of the age of mechanized warfare, but Roberts's masterwork reveals that he has as much to teach us about the challenges we face today and the fundamental values of courage, tenacity, leadership, and moral conviction.
The Shortest History of Germany
James Hawes - 2017
The Anglo-Saxon powers, great and small, withdraw into fantasies of lost greatness. Populists all over Europe cry out that immigration and globalisation are the work of a nefarious System, run by unseen masters with no national loyalties. From the Kremlin, Tsar Vladimir watches his Great Game line up, while the Baltic and Vizegrad states shiver -- and everyone looks to Berlin. But are the Germans really us, or them? This question has haunted Europe ever since Julius Caesar invented the Germani in 58 BC.How Roman did Germania ever become? Did the Germans destroy the culture of Rome, or inherit it? When did they first drive east, and did they ever truly rule there? How did Germany become, for centuries, a power-vacuum at the heart of Europe? How was Prussia born? Did Bismarck unify Germany or conquer it? Where are the roots of Adolf Hitler's Third Reich? Why did it lose? By what miracle did a better Germany arise from the rubble? Is Germany now the last Western bastion of industrial prosperity and rational politics? Or are the EU and the Euro merely window-dressing for a new German hegemony?This fresh, illuminating and concise new history makes sense of Europe's most admired and feared country. It's time for the real story of Germany.
Bismarck: A Life
Jonathan Steinberg - 2011
What rises from these pages is a complex giant of a man: a hypochondriac with the constitution of an ox, a brutal tyrant who could easily shed tears, a convert to an extreme form of evangelical Protestantism who secularized schools and introduced civil divorce. Bismarck may have been in sheer ability the most intelligent man to direct a great state in modern times. His brilliance and insight dazzled his contemporaries. But all agreed there was also something demonic, diabolical, overwhelming, beyond human attributes, in Bismarck's personality. He was a kind of malign genius who, behind the various postures, concealed an ice-cold contempt for his fellow human beings and a drive to control and rule them. As one contemporary noted: the Bismarck regime was a constant orgy of scorn and abuse of mankind, collectively and individually.In this comprehensive and expansive biography--a brilliant study in power--Jonathan Steinberg brings Bismarck to life, revealing the stark contrast between the Iron Chancellor's unmatched political skills and his profoundly flawed human character.
The Panama Papers: Breaking the Story of How the Rich and Powerful Hide Their Money
Bastian Obermayer - 2016
Through encrypted channels, he then receives documents revealing how the president of Argentina has sequestered millions of dollars of state money for private use. This is just the beginning. Obermayer and fellow Suddeutsche journalist Frederik Obermaier find themselves immersed in the secret world where complex networks of letterbox companies help the super-rich to hide their money. Faced with the contents of the largest data leak in history, they activate an international network of journalists to follow every possible line of inquiry. Operating in the strictest secrecy for over a year, they uncover cases involving European prime ministers and international dictators, emirs and kings, celebrities and aristocrats. The real-life thriller behind the story of the century, The Panama Papers is an intense, unputdownable account that proves, once and for all, that there exists a small elite living by a different set of rules and blows their secret world wide open.
Talking to My Daughter About the Economy: or, How Capitalism Works—and How It Fails
Yanis Varoufakis - 2013
Now, he faces his most important—and difficult—audience yet. Using clear language and vivid examples, Varoufakis offers a series of letters to his young daughter about the economy: how it operates, where it came from, how it benefits some while impoverishing others. Taking bankers and politicians to task, he explains the historical origins of inequality among and within nations, questions the pervasive notion that everything has its price, and shows why economic instability is a chronic risk. Finally, he discusses the inability of market-driven policies to address the rapidly declining health of the planet his daughter’s generation stands to inherit.Throughout, Varoufakis wears his expertise lightly. He writes as a parent whose aim is to instruct his daughter on the fundamental questions of our age—and through that knowledge, to equip her against the failures and obfuscations of our current system and point the way toward a more democratic alternative.
The Creature from Jekyll Island: A Second Look at the Federal Reserve
G. Edward Griffin - 1994
Cussed and discussed by all from notable politicians to academicians to laypersons. Do you want to know the truth about money? Creature from Jekyll Island will give you the answers to these, and other, questions: Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait! You'll be hooked in five minutes. Creature from Jekyll Island Reads like a detective story which it really is. But it's all true. This book is about the most blatant scam of all history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Creature from Jekyll Island is a "must read." Your world view will definitely change. You'll never trust a politician again or a banker.
Storm of Steel
Ernst Jünger - 1920
Young, tough, patriotic, but also disturbingly self-aware, Jünger exulted in the Great War, which he saw not just as a great national conflict, but more importantly as a unique personal struggle. Leading raiding parties, defending trenches against murderous British incursions, simply enduring as shells tore his comrades apart, Jünger kept testing himself, braced for the death that will mark his failure.Published shortly after the war's end, 'Storm of Steel' was a worldwide bestseller and can now be rediscovered through Michael Hofmann's brilliant new translation.
After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead
Alan S. Blinder - 2013
financial system, which had grown far too complex for its own good-and too unregulated for the public good-experienced a perfect storm beginning in 2007. When America's financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected-and fragile-the global financial system is. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government's actions, particularly the Fed's, were previously unimaginable. And to an amazing-and certainly misunderstood-extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen here again.
Debt: The First 5,000 Years
David Graeber - 2011
The problem with this version of history? There’s not a shred of evidence to support it.Here anthropologist David Graeber presents a stunning reversal of conventional wisdom. He shows that for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods—that is, long before the invention of coins or cash. It is in this era, Graeber argues, that we also first encounter a society divided into debtors and creditors. Graeber shows that arguments about debt and debt forgiveness have been at the center of political debates from Italy to China, as well as sparking innumerable insurrections. He also brilliantly demonstrates that the language of the ancient works of law and religion (words like “guilt,” “sin,” and “redemption”) derive in large part from ancient debates about debt, and shape even our most basic ideas of right and wrong. We are still fighting these battles today without knowing it.Debt: The First 5,000 Years is a fascinating chronicle of this little known history—as well as how it has defined human history, and what it means for the credit crisis of the present day and the future of our economy.